Bocarona: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Bocarona
Largest movements
- Cash -€23,632
down €23,632 (-43.8%), from €53,955 to €30,322
mainly Net result for the year (-€21,117) and Debts after one year (-€15,692)
- Tangible fixed assets -€18,481
down €18,481 (-6.5%), from €282,567 to €264,086
of which Other tangible fixed assets: -€18,141
- Intangible fixed assets -€5,500
down €5,500 (-10.5%), from €52,160 to €46,660
- Profit (loss) carried forward -€21,117
down €21,117 (-42.4%), from -€49,775 to -€70,892
- Debts after one year -€15,692
down €15,692 (-9.8%), from €160,056 to €144,364
- Trade debts -€11,813
down €11,813 (-21.8%), from €54,123 to €42,310
- Tax, wage and social debts +€5,886
up €5,886 (+209%), from €2,811 to €8,697
- Gross operating margin +€53,085
up €53,085, from -€25,174 to €27,911
- Depreciation +€20,127
up €20,127 (+128%), from €15,737 to €35,864
- Financial charges +€3,416
up €3,416 (+99.7%), from €3,427 to €6,842
- Other operating charges +€1,322
up €1,322 (+21.8%), from €6,061 to €7,383
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €428,031 | €380,263 | -€47,768 | -11.2% |
| Fixed assets | 21/28 | €334,727 | €310,746 | -€23,981 | -7.2% |
| Intangible fixed assets | 21 | €52,160 | €46,660 | -€5,500 | -10.5% |
| Tangible fixed assets | 22/27 | €282,567 | €264,086 | -€18,481 | -6.5% |
| Land and buildings | 22 | €107,862 | €96,648 | -€11,214 | -10.4% |
| Plant, machinery and equipment | 23 | €1,779 | €12,653 | +€10,874 | +611% |
| Other tangible fixed assets | 26 | €172,925 | €154,784 | -€18,141 | -10.5% |
| Current assets | 29/58 | €93,304 | €69,517 | -€23,787 | -25.5% |
| Amounts receivable within one year | 40/41 | €39,350 | €39,195 | -€155 | -0.4% |
| Trade receivables | 40 | €30,564 | €26,442 | -€4,122 | -13.5% |
| Other amounts receivable | 41 | €8,785 | €12,753 | +€3,968 | +45.2% |
| Cash at bank and in hand | 54/58 | €53,955 | €30,322 | -€23,632 | -43.8% |
| Total equity and liabilities | 10/49 | €428,031 | €380,263 | -€47,768 | -11.2% |
| Equity | 10/15 | €162,225 | €141,108 | -€21,117 | -13.0% |
| Contributions | 10/11 | €212,000 | €212,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,775 | -€70,892 | -€21,117 | -42.4% |
| Amounts payable | 17/49 | €265,806 | €239,155 | -€26,651 | -10.0% |
| Amounts payable after more than one year | 17 | €160,056 | €144,364 | -€15,692 | -9.8% |
| Financial debts | 170/4 | €160,056 | €144,364 | -€15,692 | -9.8% |
| Amounts payable within one year | 42/48 | €86,249 | €78,820 | -€7,430 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €15,060 | €15,692 | +€632 | +4.2% |
| Trade debts | 44 | €54,123 | €42,310 | -€11,813 | -21.8% |
| Suppliers | 440/4 | €54,123 | €42,310 | -€11,813 | -21.8% |
| Advances received on contracts in progress | 46 | €13,217 | €12,121 | -€1,096 | -8.3% |
| Taxes, remuneration and social security | 45 | €2,811 | €8,697 | +€5,886 | +209% |
| Taxes | 450/3 | €2,811 | €8,697 | +€5,886 | +209% |
| Other amounts payable | 47/48 | €1,039 | - | -€1,039 | |
| Accrued charges and deferred income | 492/3 | €19,500 | €15,971 | -€3,529 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,737 | €35,864 | +€20,127 | +128% |
| Other operating charges | 640/8 | €6,061 | €7,383 | +€1,322 | +21.8% |
| Gross operating margin | 9900 | -€25,174 | €27,911 | +€53,085 | |
| Operating profit (loss) | 9901 | -€46,972 | -€15,337 | +€31,635 | +67.3% |
| Financial income | 75/76B | €940 | €1,061 | +€121 | +12.9% |
| Recurring financial income | 75 | €940 | €1,061 | +€121 | +12.9% |
| Financial charges | 65/66B | €3,427 | €6,842 | +€3,416 | +99.7% |
| Recurring financial charges | 65 | €3,427 | €6,842 | +€3,416 | +99.7% |
| Profit (loss) for the period before taxes | 9903 | -€49,458 | -€21,117 | +€28,341 | +57.3% |
| Income taxes | 67/77 | €7 | - | -€7 | |
| Profit (loss) for the period | 9904 | -€49,465 | -€21,117 | +€28,348 | +57.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,465 | -€21,117 | +€28,348 | +57.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.